X Makes Its Premium+ Subscription Tier Fully Ad-Free Shortly After Suing Advertisers For Alleged Boycott

X on Thursday announced that Premium+ subscribers will now enjoy an ad-free environment across most areas of the platform, including the For You timeline, Following timeline, post replies, and profiles.

The Premium+ subscription, priced at $20 per month or $210 annually, offers this ad-free experience along with other perks such as the ability to write rich-text articles and receive the largest possible boost for replies. 

But of course, there’s a catch, it’s not really completely ad-free. The company notes that users might occasionally encounter “occasional branded content in less common areas.”

X owner Elon Musk has previously expressed a goal of generating 50% of X’s revenue from subscriptions, reducing the platform’s dependence on advertisers.

Speaking of which, the timing for this change is somewhat strange. X has recently filed a lawsuit against the Global Alliance for Responsible Media (GARM) and the World Federation of Advertisers (WFA), alleging a coordinated effort to steer advertisers away from the platform. This legal action comes amidst a reported 50% drop in ad revenue since Musk’s acquisition of the company in 2022.

Another concern, as pointed out by RawsAlerts, is if “verified accounts with the blue checks, including Premium Plus users, helped with ads” but now they won’t see any more ads, “how do users on this platform make ad revenue and get monetized now?”  



Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

NexGen Launches 42,000 Metre Drill Program At PCE While Expanding Mineralized Footprint

First Majestic Hits 2025 Guidance, Producing 31.1 Million Silver Equivalent Ounces, Increases Dividend

Related News

Music Publishers Representing Taylor Swift, Beyoncé Vs. Elon Musk’s Twitter: “Rampant Copyright Infringement”

A group of music publishers, representing iconic artists like Taylor Swift and Beyoncé, has launched...

Thursday, June 15, 2023, 02:58:00 PM

Elon Musk Voted Out As Twitter Chief In His Own Poll

Twitter CEO Elon Musk likes his decisions (at least, most of them) done through a...

Monday, December 19, 2022, 07:34:40 AM

Twitter Vs. Employees: How Elon Musk’s HR-Style Has Been So Far

AOC thanked laid off Twitter employees and Musk replied “you’re welcome”–bizarrely blurring the line on...

Friday, November 18, 2022, 02:16:00 PM

Hits And Misses: Twitter Reports Q1 2022 Financials Amid Pending Elon Musk Takeover

Twitter (NYSE: TWTR) reported today its Q1 2022 financials, highlighting US$1.20 billion in quarterly revenue....

Thursday, April 28, 2022, 11:28:00 AM

Elon Musk Booed by Audience During Cringeworthy Appearance at Dave Chappelle Comedy Gig

New Twitter owner Elon Musk apparently doesn’t have a very large fan base. The billionaire...

Monday, December 12, 2022, 04:22:39 PM